Currencies35053
Market Cap$ 4.11T-2.51%
24h Spot Volume$ 104.14B-4.33%
DominanceBTC54.52%+0.63%ETH12.27%-1.11%
ETH Gas0.13 Gwei
Cryptorank

Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion


by Chayanika Deka
for CryptoPotato
Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Bitcoin’s latest plunge triggered heavy liquidations among recent long positions. Certain metrics now suggest buyers’ confidence is diminishing.

In fact, Alphractal founder and CEO Joao Wedson believes that Bitcoin appears to be flashing unmistakable signs of cycle exhaustion. He warned that this is what most market participants are failing to recognize.

Read the article at CryptoPotato

Read More

Bitcoin Network Hits Record Activity High: What Does it Mean for BTC’s Price?

Bitcoin Network Hits Record Activity High: What Does it Mean for BTC’s Price?

Bitcoin's on-chain activity has reached a record high, with the 14-day average of tra...
$1.68B liquidations hit crypto! But here’s why you shouldn’t panic

$1.68B liquidations hit crypto! But here’s why you shouldn’t panic

Crypto endured a $1.68 billion bloodbath, wiping out 390k traders. But is the market ...

Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion


by Chayanika Deka
for CryptoPotato
Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Bitcoin’s latest plunge triggered heavy liquidations among recent long positions. Certain metrics now suggest buyers’ confidence is diminishing.

In fact, Alphractal founder and CEO Joao Wedson believes that Bitcoin appears to be flashing unmistakable signs of cycle exhaustion. He warned that this is what most market participants are failing to recognize.

Read the article at CryptoPotato

Read More

Bitcoin Network Hits Record Activity High: What Does it Mean for BTC’s Price?

Bitcoin Network Hits Record Activity High: What Does it Mean for BTC’s Price?

Bitcoin's on-chain activity has reached a record high, with the 14-day average of tra...
$1.68B liquidations hit crypto! But here’s why you shouldn’t panic

$1.68B liquidations hit crypto! But here’s why you shouldn’t panic

Crypto endured a $1.68 billion bloodbath, wiping out 390k traders. But is the market ...